British oil giant Shell on Thursday said it has "no intention" of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster takeover . It comes ...
Shell refuted the takeover rumors, yet the speculation emphasizes what investors are beginning to recognize: BP’s significant discount and strategic shift might be due for reevaluation. With shares ...
Shell and BP are seeking new U.S. licenses to develop major cross-border gas fields shared by Trinidad and Tobago and ...
Shell said on Thursday it hasn’t actively considered an offer for BP and has no intention of making such a bid, after a media report earlier this week rekindled speculation about a giant energy tie-up ...
By Nidhi Verma and Anjana Anil Jan 28 (Reuters) - Shell and BP are seeking U.S. licenses to extract natural gas from fields ...
Shell's rumored interest in acquiring BP made sense due to BP's underperformance and Shell's stronger financials and strategy. BP's aggressive green energy pivot weakened its core business, while ...
Shell (NYSE:SHEL) has moved quickly to shut down speculation about a takeover bid for BP (LSE:BP,NYSE:BP), issuing a formal statement under the UK Takeover Code. According to the company, no talks ...
BP will evaluate hydrocarbon prospects in Messla and Sarir as it reopens Tripoli office by late 2025. Shell will conduct feasibility studies on Libyan oil fields fully owned by the National Oil ...
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside. By Stanley Reed Reporting from London For months, speculation has been ...
Shell plc is a textbook Hold: fair valuation, solid buybacks, and a decent dividend, but no major upside or hidden value from BP p.l.c. merger rumors. Both Shell and BP are prioritizing cash flow, ...
Shell Plc and BP Plc-branded gas stations in Indonesia have run low on fuel as supplies are curbed by import restrictions. The three brands of gasoline sold by Shell in the country are unavailable at ...
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